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Pop Mart Suspends Labubu Doll Sales Over Safety Concerns as Resale Market Surges

Limited availability has driven collectors into rental schemes, digital token markets, premium resales.

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Overview

  • Pop Mart has halted in-store Labubu doll sales in several regions to prevent safety risks and crowd chaos during restocks.
  • Rare Labubu editions originally sold for 99 yuan are commanding prices exceeding 2,600 yuan on resale platforms, with some models listed for over £1,000 in the UK.
  • An unofficial Solana Labubu meme coin soared more than 5,900% in two weeks, reaching a market cap above $49 million as collectors seek digital alternatives.
  • Rental services are offering Labubu dolls for around £4 per day, reflecting their status as a must-have fashion accessory among influencers and celebrities.
  • Chinese customs officers seized over 400 Labubu toys at Changsha and Hefei airports to crack down on smuggling intended for the thriving global resale market.